Bitcoin Lawsuit Rejected Over $354M Loss
A federal appeals court rejected Michael Prime’s claim to recover $354M in Bitcoin, citing delayed action and conflicting statements about ownership. #Breaking #Legal
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Bitcoin Ethereum ETFs Shed $2.6B Assets
Bitcoin and Ethereum ETFs saw $2.6 billion in outflows as prices fell, with $BTC dropping 18% from its October peak. #Update #Crypto $BTC
Bitcoin Prediction Markets Yield 100x Returns
Prediction markets @Polymarket and Kalshi correctly predicted most U.S. election results, with one standout bet on Mikie Sherrill’s victory offering nearly 100x returns. #Update #Finance
AI Overvaluation Warning by Singapore Regulator
The Monetary Authority of Singapore warns AI company valuations are inflated, likening conditions to the dot-com bubble. OpenAI and Anthropic see rapid valuation increases. #Update #Finance
Chainlink Boosts S&P Index with Blockchain
Dinari collaborates with @Chainlink to launch the S&P Digital Markets 50 Index on-chain, featuring blockchain-related equities and digital assets. Launch expected by year-end. #Update #Blockchain
Coinbase CLO Accuses Banks of Protectionism
Coinbase’s bid for a national trust charter faces opposition from major banking lobbies, citing systemic concerns. Coinbase CLO Paul Grewal accuses banks of protectionism. #Update #Legal
Bitcoin Experts Slam France Crypto Tax
France’s National Assembly passed a crypto wealth tax amendment, imposing a 1% annual tax on holdings over $2.2M, sparking industry criticism for potentially stifling innovation. #Update #Crypto
Amazon Bans Perplexity AI Purchases
Amazon sent a cease-and-desist to Perplexity AI over Comet browser’s automated purchases, citing terms violations and privacy risks. Perplexity disputes claims, highlighting user autonomy. #Update #Legal
Bitcoin Predicts Mamdani’s NYC Mayoral Victory
Zohran Mamdani wins NYC mayoral race; crypto markets accurately predicted outcome, highlighting @Polymarket’s forecasting strength. Mamdani’s stance may impact crypto regulation. #Update #Politics
Bitcoin Theft: Ex-Rugby Star Arrested
Former Rugby League star Trent Merrin was arrested for allegedly stealing $91,000 in crypto through deception amid Australia’s crackdown on digital currency crimes. Legal
Bitcoin Sanctions Target North Korean Crypto Crime
U.S. Treasury sanctions North Korean bankers for laundering nearly $3B in stolen crypto via China, Russia to fund weapons programs. #Breaking #Legal
OpenAI Deposition Reveals $2B Crisis
Ilya Sutskever’s deposition reveals OpenAI’s internal crisis, nearly merging with Anthropic and governance missteps. Sam Altman’s leadership questioned; board dynamics highlighted. #Update #Legal
Bitcoin Mogul Bankman-Fried Seeks New Trial
Federal appeals judges express skepticism over Sam Bankman-Fried’s appeal to overturn his 25-year conviction for fraud, questioning claims about legal advice and jury misinformation. #Update #Legal
Bitcoin Miner IREN Price Target Boosted
Global investment firm Bernstein raised @IREN’s price target to $125 following a $9.7B cloud deal with Microsoft, highlighting Bitcoin miners’ role in AI. #Update #Crypto